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years as president obama attempts to reform the legislation. >> this market was very personal. >> so many shots with an assault rifle, there is no real for this to happen. just minding his own business, going home. >> at 7:38 in the morning, shot in the head. >> dmitri was two days away from his 17th birthday when the bullets flew through the windows of his school. his father marches it violently, displaying his story. among the signs with slogans, there are many pictures -- each will of these people. asked to share the sad story of a violent end. this is a grassroots movement created by a handful of concerned mothers. >> this is a program that barack obama called for. he realizes that their members of both parties with no interest in seeing gun-control pass through congress. >> his secretary was not helped -- was on hand to reassure this crowd. >> this is about gun responsibility and gun safety. >> the legislation proposed this week does nothing about the estimated 3 million assault weapons currently own in the u.s.. he does realize that even the current proposals, calling for backg
after the report on earnings. >> president obama's health care reform, you have of the law has taken effect, union leaders are having buyers remorse. we'll tell you why next. >> and our own jeff cox says he's not a believer in the rally. that's coming up on the "closing bell." stay with us. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. >>> when it really mattered, they supported it. now some unions are turning against president obama's health care reform. eamon javers has the details. >> reporter: hi, scott. some unexpected price hikes could be causing headaches for some unions in terms of the president's new health care law and the price they have to pay for health care for their union members. this was reported by the "wall str
now. >>> pop tea, thanks very much. happening now, president obama talks about immigration reform and draws a line in the sand for congress to take quick action. >>> also, her final days on the job as secretary of state. hillary gives an exit interview to cnn. >>> a huge steroid scandal explodes, including big names like alex rodriguez. now the league is speaking out. i'm wolf blitzer. you're in "the situation room." a major speech on a hot button issue. president obama speaking out a while ago in las vegas about comprehensive immigration reform. his remarks come one day after a bipartisan group of senators laid out a framework for a possible bill that would be a path to citizenship to increase border security. but the president also made it clear if congress can't act quickly on that, he'll put forward his own bill. our chief white house correspondent jessica yellin is standing by. detail for us what is in the president's proposal? >> reporter: wolf, detail is the key word. in the past, the president has been accused of standing for policy proposals short on specifics. not today.
obama puts immigration reform front and center. on tuesday he'll outline his overhaul in a major speech in las vegas. in just hours a bipartisan group of senators will introduce its plan to reform a system that impacts 11 million
children to up here on a milk cartonpresident obama urging congress to take action on immigration reform. what he wants done. president obama says "now is immigration. this was his arrival in las challenged congress to act quickly on a plan to rewrite the nation's immigration laws. catherine heenan is here with the story. >> catherine: it's no coincidence that the latino vote is the fastest growing in the u.s. both democrats and republicans finally seem ready to tackle the immigration issue together. the president says congress is showing a 'genuine desire to get this thing done soon'. >> the president is seizing on a groundswell of support for rewriting immigration law. speaking at a las vegas high school.he says he wants to put 11-million illegal immigrants living here in the u.s. on a clear path to citizenship. saying - they have to earn it. been of this will involve a background check,".paying taxes.learning english.getting to the back of the line.etc" because other people that want to come here legally are in front of the line. >> catherine: a bipartisan group of senators proposed t
illegal immigrants 20 years from now. >> president obama gave a speech about immigration reform at american university in nl july of 2009 and listened to the speech. at the time, he had a democratic house and a democrat senate. why would he not take advantage and do immigration reform? is it because you can't move multiple bills through congress you? can't eat and chew gum at the same time? or wasn't his heart in it? >> he promised immigration reform in the first year of his presidency and he led off with obamacare and that took all the oxygen out of the room. >> couldn't he do both? >> obamacare took the whole year, the place was divided and bitter. and all the political capital he had in that first year of his presidency, he picked the most divisive issue he could find, rather than bringing us together, he passed a bill on party-line votes, corn husker kickback, louisiana purchase, behind closed door, not one republican voted for it in the senate, if he focused on comprehensive immigration reform in a bipartisan fashion, it would have been done in 2009. >> couldn't they have b
a mountain of debt. america needs real budget reform but president obama insists on playing politics with our country's credit rating. hard 4hardworking american taxps need to balance their budgets. they understand what the president does not. the president bragged in his press conference last week that quotes it's been a busy and productive four years and i expect the same for the next four years." well, it looks like he means that we can count on for your years -- count on four more years of wasteful washington spending. it is time for president obama to finally keep his promise to get america's finances in order. thank you, madam president. i yield the floor, and i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: quorum call: quorum call: quorum call: quorum call: quorum call: the presiding officer: the senator from iowa. mr. harkin: mr. president, first i ask that proceedings under the quorum call be dispensed with. the presiding officer: without objection. mr. harkin: secondly, i ask unanimous consent that stephanie lynn and
in the u.s. love to keep more jobs here. just got to find a way to solve that problem. >> how does obama care and the health reform affect you as a company? >> well, certainly it provides re people will be covered by prescriptions. that's great news for the entire pharmaceutical space. for our particular company, we don't focus so much on continuous care medicines. we generally focus on women's health, those kind of issues so for us not as great but for other pharmaceutical companies great opportunity. >> we'll let you go. they will be anxious to get you up to the balcony so you can ring the closing bell. your logo is green. why didn't you wear green? >> i wore green for him. >> you're australian? >> yeah, i'm starting to forget it. >> no idea. >> we're about to enjoy the close with 20 minute to go here, and the market is continuing to levitate a bit. >> absolutely. still marching closer and closer to a all-time high. really driving this rally? is it fundamentals or just the fed's easy money? that's coming up next. >> the big debate these days, and did the gop roll over on spending and c
economist. >> susie: presidet obama made the case today for a sweeping immigration reform, calling it a "boost" for the economy. by giving illegal immigrants a path to citizenship, the president said there would be less opportunity for some employers to undercut companies that follow the rules. darren gersh reports. >> reporter: the president flew to las vegas today to make that case that immigration reform would help companies and workers who follow the law. with 11 million undocumented workers in the country, the president said some employers are tempted to pay less than minimum wage or cheat their workers out of overtime pay. >> if we are truly committed to strengthening our middle class and providing more ladders of opportunity those who a willing to work hard to make it into the middle class, we have to fix the system. we have to make sure that every business and every worker in america is playing by the same set of rules. we have to bring this shadow economy into the light. >> reporter: critics of the president's plan to give legal status to undocumented workers say they've
revised 66 in the month of december. david: president obama unveiling his own proposal for immigration reform during today's visit to las vegas. liz: what could this mean for millions, some 11 million undocumented people? peter barnes arias from the white house with more details. >> reporter: well, like that a bipartisan centers to five senators who announced their planned, the president wants to create a path the citizenship of the 11 million accurate aliens currently living in the country, allowing him to stay here and work here illegally while they wait for green cards and eventual citizenship. similar to the bipartisan senate plan yesterday, the president require the ghosts of register for provisionally rose status. and it would get the back of the line for the citizenship process he also wants to beef up border security, improve the employee verification system with a five-year phase-in, and he wants to streamline the illegal immigration system which is got big backlogs. for example, warning green cars to foreign students to earn advanced degrees here in the united states and scie
thank you for joining us. >>> immigration reform, senator rubio is trying to keep it a secret that he and obama are on the same page. we'll be right back. i think the number one thing that viewers like about the young turks is that we're honest. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. >> jennifer: you might be thinking mccain versus hagel or graham versus hagel is the only republican on republican in washington, well it's not. this is what david vitter said to laura ingraham about senator rubio's position. >> i think he's naive on this issue. this is the same old formula we dwelt with before when it was it passed in 1996. >> jennifer: naive an interesting word choice. vitter is concerned undocumented immigrants is going to gain citizenship before the border is secured. senator rubio did criticize the role that border security plays in obama's plan. >> security must happen. these promises have been made in the past about border security and they've never been kept. if we can't find
the world. >>> president obama also on the road today to embrace a newly unveiled plan to reform immigration laws. the proposal would give millions of undocumented workers a chance to stay in the united states legally, but just as notably it has the backing of both republicans and democrats at least for now. white house correspondent brianna keilar joins us live. is the senate proposal everything the president wanted? >> reporter: i'm sure it's not exactly everything he would want, carol, that if you were able to write his own bill that it would be exactly identical to this but that doesn't mean that it isn't palatable and the white house right now is welcoming the fact this bipartisan proposal is out there, if not endorsing it because they aren't at this point. the hottest button issue traditionally when dealing with immigration reform is how do you deal with the undocumented immigrants who are already in the country, millions of them, and so when you think about it, it wouldn't be surprising that any sort of proposal that deals with this, that has the sign-on of some republicans that it mi
obama's second term. she will be instrumental in the president's push for immigration reform, clean, renewable energy, reducing gun violence, and building an economy that last -- get this -- from the middle out. for all these reasons, and many more, it gives me great pleasure to second the nomination of congresswoman debbie wasserman schultz to serve a second term at the helm of the democratic national committee. [applause] >> thank you. the chair now recognizes a member of the dnc spanish cauc caucus, for another session and speech. by the way, i'm not trying to hog the stage. if you want to come up here, feel welcome. >> i am okay. thank you very much. good afternoon, everyone. i am very honored. i come from the great state that gave you the most marvelous president, barack obama. [applause] >> i am also proud to join my fellow democrats nominating congresswoman debbie wasserman schultz for the chair of democratic national committee. while my home is illinois, florida is very close and dear to my heart. my family is smart enough to move out there 20 years ago, so i consider you my
,944. connell: getting close. thank you. president obama getting set to unveil his plan for immigration reform. he will have that later in the day from las vegas. haley barbour joins us now. the politics of this have been really talked about a lot. in fact, we talked about it earlier this hour. let me start with the economics of immigration reform. a number of ceos have told us that they would like to see this in the perspective of, hey, let's get some highly skilled immigrants in here that will help the economy. that will help us to get us turned around. your views are what? >> there is no question if we follow what is good economic policy for america we will have immigration reform. it will allow more skilled and unskilled foreign workers to come into the united states. we need the labor. if you look at the labor participation rate in the united states, it is almost at a record low for the percentage of adults who are actually working or trying to get a job. only about 58%. if you are going to grow your economy, you have to have enough workers and we do not right now. connell: we are behind
ahead of president obama who is going to be in nevada tomorrow talking about his immigration reform proposal, bringing back his 2011 and maybe adding more details on that. now, like the president, the senators, the gang of eight senators here, want to produce a pathway to citizenship, and their proposals would include a registration and probation program to allow illegal imgrants to stay and live and work in this country with a green card, provided they paid their back taxes and paid a penalty here and then got in line for the process for the legal citizenship application. they also want to improve border security. that's a big component of the plan as well as tracking legal immigrants, whether or not they leave when they are supposed to. they also want to strengthen the employment verification system, and they want to -- create a green card system for the top foreign college students here who get advanced degrees in math and the sciences. now, the white house did not shoot this down out of hand today. take a listen. >> the president welcomes efforts by the bipartisan group in the s
reform as president obama heads to las vegas to talk about the issue. before leaving, the president about itsestions foreign policy record alongside his secretary of state hillary clinton. that's where we begin this morning with you. we want to hear your thoughts on the role of the u.s. on the world stage. give us a call this morning on the democratic line, the republican line, and the independent. 585-u're outside the u.s., 3883. you can reach us on facebook or twitter or e-mail. good monday morning to you. we want to start with the interview with president obama and secretary of state hillary clinton from last night that appeared on "60 minutes." here's how it played in a couple papers from around the country. here's the new york times headline -- and the culpeper star has -- i want to read you from the story that was in the hill newspaper this morning, the congressional newspaper here in washington. what we want to do now is take you to a clip from last night of that interview. here is president obama. [video clip] >> we helped to put together and lay the groundwork for liberating liby
by their parents. i commend him for making immigration reform a top priority. president obama will place to the nation his own ideas during a visit to las vegas tomorrow. with bipartisan support billing in both houses of congress and a president who is eager to solve this issue, there is no reason we should not pass comprehensive immigration reform immediately. it will be good for our economy and good for families. successful immigration reform cannot be piecemeal and it must include a path to citizenship for 11 million undocumented individuals in our country. legislation must craft a comprehensive solution that among other things continues to secure our borders, punishes unscrupulous employers who deploy immigrants. they have to learn english, work, pay taxes, stay out of trouble and then get to the back of the line; but they do obtain legal status, which is so important. the framework proposed by the bipartisan group of eight senators meets this criteria and i hope we'll soon have a bill to send through the committee process and bring to the floor for a vote. i've long said when my rep
reform? >> i think reform is something for mexico to consider. as president obama was told few weeks ago, mexico is not helping the u.s. how to do it. comprehensive immigration reform will have to address the issues that need mexico's collaboration, to having a temporary worker's program that will allow appear orderly travel of workers. we need to be an agreement with mexico. we'll support immigration reform in the u.s. we understand it's a u.s. issue and with respect to the u.s. will decide and our position is to make things to be helpful. >> and the final question here, as we see money coming into the country and the activity picking up in mexico, it's certainly a hot spot in the orlando. what industry specifically are driving that growth? >> well, manufacturing is the main source of our competitiveness. as opposed the companies in latin america. we have a quite sophisticated manufacturing base. it's our space, it's the auto industry in all its component and we're quite competitive and we will continue to be quite competitive. >> minister, it is good to have you on the program the. >>
-sense. that's why we need comprehensive immigration reform. host: president obama speaking yesterday. secretary gutierrez, the wall street journal has a piece today called "obama's immigration principles." do you agree with this? were there warning signs in with the president said? guest: he did have this threat of his own bill and things like that. but there's no question that we need low-skilled workers and we need high skilled workers. we have to really sell on what -- settle on what it's temporary, for temporary workers there must be some market flexibility. may have someone here on a temporary basis but to as great leadership skills. the employer wants to promote them. it's unfortunate the then that they have to go back because they're only temporary. so i think there has to be simplex ability in the system. these issues you mentioned, they are so close that this is the kind of compromise that we need. if the president has to compromise on a guest worker program or maybe having some triggers for the border before we start allowing people to get in line for green card, those shou
to las vegas for president obama will talk about immigration reform policy. we will have his, as live for you here on c-span. wednesday on c-span, a senate judiciary committee meeting on gun violence and mark kelly, the husband of deborah different -- gabrielle gifford will be there. also the national rifle association ceo will be there, live tomorrow morning at 10:00 on c-span. >> all of us worked hard for our cause is way before we got to the white house. the white house just was an enormous push up. i think the ladies would agree that the day before you are married to the president-elect, nobody gives a darn what you say. the day after he is the president-elect, people think you are brilliant and your cause is very good. [laughter] that helps. [applause] >> the new original series," it is produced with the white house historical association, season one begins president's day, february 18, at 9:00 p.m. eastern. >> 3 of the moderators of the 2012 presidential and vice- presidential debate spoke last night in washington. they talked about how they prepared and how twitter and social m
group of senators laid out a framework for an immigration reform bill. this comes as the white house is working on its own immigration bill and president obama will address the issue tomorrow in las vegas. the bipartisan senate plan includes a path to citizenship, but illegal immigrants will have to undergo a background check and pay a fine and back taxes before gaining legal status in the united states. all that is contingent on securing borders. the proposal provides for increased use of drones, more personnel and improved infrastructure and it would create an employment verification system and improve the process for admitting needed workers. cnn chief congressional correspondent dana bash and cnn chief white house correspondent jessica yellin are working the story. dana, the tone was pretty optimistic up on capitol hill today. >> it sure was but, you know, we have seen this movie before, you and i, wolf, and a lot of other people watching this issue go kind of up and down with the partisan wins. but this is something that is different this time. because of something very simple.
for the lead on immigration reform right now, president obama laid down his marker on this issue in las vegas yesterday. take a look. >> we all agree that these men and women should have to earn their way to citizenship. but for comprehensive immigration reform to work, it must be clear from the outset that there is a pathway to citizenship. [applause] martha: you heard the big applause there but the blueprint released by these eight senators would not let illegal i am hi grants immigrants seek citizenship until border security is increased in a comprehensive way. arizona senator jeff flake is in the group and he joins me now. good morning. >> thank for having me on. martha: what is your reaction saying not needing to have border security completely shored up before you have a path to citizenship? >> no you have to have a pathway it citizenship is important to the president, the border protection especially important to us in arizona. we've got to have it. martha: marco rubio agrees with you. he doesn't want to get into a bidding war on this. this group of bipartisan senators agreed on this p
. i don't need a lecture from barack obama about bipartisanship. he was never very good at it in the senate. if you speak tomorrow about immigration reform, i hope you don't suggest you're going to take a pathway to citizenship and delink it from the border. and if you do, you know what will happen, 20 million illegal immigrants years from now. >> greta: in 2009 i listened to the speech and at the time a democratic house and democratic senate. why would he not take time for immigration reform. because you can't move multiple bills through congress and eat and chew gum at the same time or wasn't his heart in it. >> in 2008 he promised immigration reform in the first year of his presidency and led off with obamacare and that took all the oxygen out of the room. >> greta: he can't do both? >> by the time obamacare was done, took the whole year and the place was divided and bitter. and all the political capital we had in that first year of his presidency, he picked the most divisive issue he could find, rather than bringing us together. he passed a bill on party line votes,
will support women in combat. president obama setting a time line for immigration reform. saying he would like to get it done by the summer. he emphasizes his administration has already done more on border security in the past four years than the 20 prior. and it should not stand in the way of creating a clear path to citizenship for the 11 million undocumented people living in the united states. we'll be back with more steph after the break. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [♪ theme music ♪] >> announcer: ladies and gentlemen, it's the "stephanie miller show"! ♪ i'm walking on sunshine, woe ho ♪ ♪ i'm walking on sunshine woe ho ♪ ♪ it's time to feel good ♪ ♪ hey all right now ♪ ♪ it's time to feel good ♪ >> stephanie: oh, every day is a wond
in place and if we can also start having a solution for our infrastructure, infrastructure reform, i believe the united states, the future is so bright for the united states. liz: do you feel that president obama heading into the next four years has become more business-friendly, neutral, less? >> i would say i have, um, great hopes that the next four years are going to be better and good four years for the united states. liz: there has been a decline in consumptionover sugary sodas over the past decade, at least in the united states, and then you have certain riders, i mean -- certain leaders, i mean, president obama talked about it either instituting a federal tax on sodas or state governors who might be thinking let me just shake easy money from the beverage industry tree. by instituting some type of tax. what would you say to a governor who's thinking about doing something like that? >> i would say we cannot tax our way and solve this problem, any of these problems. we can't tax and provide solutions. it has never provided solutions. we can only grow our way out of the current si
entitlement e reforms. the trouble is none of that's on the table. james, i will take spending cuts when i can get them. >> exactly, larry. >> go ahead, james. >> that's why republicans learned to love the sequester. president obama is giving them a menu of bad options. this is the one modest step, baby step toward reform, toward fiscal sanity that tells private markets maybe there is hope that the government will pull back. maybe if you want to think optimistically you make the case for tax reform, regulatory reform to get the growth up. tax reform to the president means more money for the government. you take spending reforms where you can get it. >> let me make this simple. i consider much of what's been said so far to be ideological. you said there would be no math on this but c plus i plus g. we all believe that. in an economy that has -- >> wait a minute. >> in an economy with an output gap. >> hang on. >> if you cut government spending we will shrink. >> consumption plus investment is 3.4% at an annual rate. >> great. >> it did fine. it was the g. you had one-off trade deficit issues an
spending. let's reform entitlements. let's get the deficit down. big picture stuff that never really surfaced in the obama administration. >> it absolutely didn't. and again, perhaps that's a reason the council is going away. the recommendations that -- the big picture items that the council recommended were never really adopted by the obama administration, never pursued, despite the fact that these are people the president appointed and had significant business experience. and somebody again that would lend credibility to us as republicans and democrats in congress as a way to come together to get this country's economy moving. in my view, the situation has not changed. in fact, as we saw by the numbers you just reported, the lack of jobs, the slowing of the economy are still here, perhaps getting more evidence that things are going in the wrong direction, not the right direction. and all the more reason to have something to coalesce around the darn partisanship of washington, d.c. and the differences between congress. and i could say every time i say to my democratic colleagues tha
way. >> jimmy, i think -- i know mr. obama is sitting high, though he got whacked by the federal court today but i think democrats can be pretty stupid, too. if they reject entitlement reform, if they say we're just going to raise taxes like this budget deal, just taxes and no spending, if they don't deal with federal debt and they don't deal with the economic growth problem, then the democrats are going to be stupid and they're going to give away what advantage they have now. >> charlie cook wrote a really great column today about this issue in 2016 it will still be about the economy, stupid, right? here's the problem. the republicans, you just said bill clinton and ronald reagan. i appreciate that. you also described a dead white man and a nearly dead white man. the republican party has got to get off this issue of only appealing to white men and women over 50. the country is changing and it's changing rapidly. >> in fairness we're having a conversation about bobby jindal -- >> but you dismissed him as a serious presidential candidate. >> i didn't dismiss him. i said his tactic was d
to overhaul immigration laws in the united states. president obama is on his first post inauguration trip in nevada. we will carry the remarks this afternoon. how should the laws on immigration reform be changed or enforced? here are the numbers to call. for democrats, 202-585-3880. for republicans, 202-585-3881. for independents, 202-585-3882. you can also find us online, send us a tweet by writing to twitter.com/c-spanwj, or share your comments with us on facebook by searching for c- span. you can also e mail us, journal@c-span.org. here is the headline from "the washington post," this morning -- "senators outline immigration plan." host: let's take a listen to some of that press conference from yesterday afternoon. senator chuck schumer opened things up. here is what he had to say about the details so far. [video clip] >> americans overwhelmingly oppose illegal immigration and support legal immigration. to this end, we have four basic pillars. tough but fair passed to citizenship for illegal immigrants in the united states. second, reforming the legal immigration system to better recog
even the elements to it. >> well, tax reform, the question is the tax tape, do you thank you obama is shifting the debate now, that there is going to be far more taken in greater taxes for the wealthy and far less in spending cuts because that is the cret rick? >> difficult to predict. here is where we are right now. in terms of what has been enacted in 2011 and 2012, we are more than half way, hand this is conservative, i think, more than halfway to the so-called $4 trillion level. of that -- of that effort in 2011 and 2012, what has already been inenacted in terms of savings, it's a -- disproportionately weighed on spending cuts, about 72-28. we need more spending cuts, without a doubt we need that i think we have got to try to make sure we get the balance right r >> just ask you one more question, sir, do you think there is a risk that president obama wastes his political capital in the view of most americans? i mean, the rest of the world is here issing, climate change and carpet emissions in the inaugural speech but not what most americans seem most to care about. it's usually
with that strategy or you think there is something to it? >> i don't think we've seen any indication president obama plans on not governing for the first two years of the administration. i think the ideas we saw come out, talk about gun violence prevention, comprehensive immigration reform, climate control, these are things that the american people want. we've been talking about for the last --. bill: but you don't even know if that can pass through even the democratic senate. >> right. >> no, sure but these are the issues we need to be talking about and we ned everyone at the table. these ideas have traditionally come, we found compromises from both parties and we do need to be able to come back to those again. it is unfortunate the last congress speaker boehner had his hands tied by very extreme parties of his party. i had real hopes that speaker boehner would be able to come back to the table and i actually still think he would be able to. bill: three days in, here we are, we are 72 hours warm. got to run, monica, quick last word. >> i could see why the left think ideas of limited government, fis
people would have said they wanted done, like pass some big free trade agreements. reform the past, try to streamline visas -- >> columbia and -- >> but they weren't going to pass. it was obama who breaks the logjam on those trade agreement and passes korea, colombia, panama. i think we can go through a list of a bunch of significant pro-growth, pro-business, pro-market things that the administration did that i think will contribute, and i would put patent reform in there and i would put reforming the visa system to reduce where people come in to visit the u.s., that's a big deal. and if we got some more high skill immigration i think that would help. >> so the next four years, the obama administration will not be a hynde rans to private sector growth getting back to 3% or 4%? >> i don't think -- i think -- >> you think -- >> i think it's a help. >> trying to get in to growth rate. >> -- from the financial crisis? >> i think a lot of this. the fact that normally housing is about a third of an expansion, it's a very cyclical sector. we got way overbuilt. we had 6 million vacant homes. so
of health care reform. >> bridge us to a point you brought up, charlie. we have the sequester coming up and do have the cliff debate. rather the debt limit debate. policy risk, unlike writing dodd frank and obama care, shifted to guns and immigration and expect those to have less of an impact on the market. >> exactly right. compare what the obama administration is focused on and proposing right now to what is focused on four years ago and it is much better. four years ago, we were staring at obama care, dodd frank, cap in trade, card check, a long list of stuff bad for business. now focused on guns, immigration, gay marriage, these things you may like them, may not like them, they are not bad for business. >> john, i'm interested in your pessimism, a market which so far this year, this months, gained 5%. when we are eyeing dow 14,000, would appear that some retail money is coming into stocks. your he arguing the situation is bad, the market is rallying, they are coming back into it, they can profit from it moving through the year. are they wrong? >> sorry. >> john? >> john? >> the situ
-span. president obama called on congress to pass a comprehensive immigration bill. speaking in las vegas, he complement the efforts of a bipartisan group of senators announced an immigration reform plan yesterday. >> thank you. >> thank you. [applause] >> thank you so much. thank you. well, it is good to be back in las vegas. [applause] and it is good to be among so many good friends. let me start off by thinking -- hanking everybody at del sol high school for hosting us. [applause] go dragons. let me especially thing your outstanding principal. [applause] there are all kinds of notable guests here but i just want to mention a few. first of all, our outstanding secretary of the department of homeland security, and janet napolitano. [applause] our wonderful secretary of the interior ken salazar. [applause] former secretary of labor, hilda solis. [applause] two of the outstanding members of the congressional delegation from nevada, steve and gina. [applause] your own mayor, carolyn goodman. [applause] we also have some mayors who flew in because they know how important issue we are to talk abo
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